Budget Brief: Have U.S. Foreign Military Sales Peaked?

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Credit: Bogac Erkan/Alamy/Aviation Week
In 2024 U.S. Foreign Military Sales (FMS) reached a new record of $97 billion, more than double the levels seen between 2018 and 2021. With defense spending increasing rapidly in Asia, Europe and the Middle East in response to the growth of global instability, key allies are turning to the U.S. to...
Craig Caffrey

Craig is the head of Aviation Week Network's defense data team responsible for managing the company’s defense databases and leading on related consultancy projects.

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Budget Brief: Have U.S. Foreign Military Sales Peaked? is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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